Coin界 News: On March 13, according to Coinglass data, if Bitcoin breaks through $73,000, the total short liquidation strength across major CEXs will reach $662 million. Conversely, if Bitcoin drops below $70,000, the total long liquidation strength across major CEXs will reach $726 million. Coin界 Note: The liquidation chart does not display the exact number of contracts pending liquidation or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance of each liquidation cluster compared to nearby clusters, which is the strength. Therefore, the chart shows how much the price of the underlying asset will be affected when it reaches a certain level. Higher "liquidation bars" indicate that when the price hits that level, it will trigger a stronger reaction due to liquidity waves.

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